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First-Half Economic Losses $56B, Insured Losses $20B: Swiss Re
By Chad HemenwayFlooding was the main cause of $17 billion in global natural catastrophe during the first half of the year, says Swiss Re.
News and information for property & casualty insurance agents & brokers on personal lines insurance, including homeowners insurance, flood insurance, earthquake insurance, renters insurance, automobile insurance, life insurance, disability insurance, umbrella insurance and health insurance. These insurance products protect individuals and families against potentially crushing financial losses caused by fire, theft, natural disasters, death, accidents, lawsuits and illness.
Flooding was the main cause of $17 billion in global natural catastrophe during the first half of the year, says Swiss Re.
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